The BSE Sensex fell 0.16 percent on Wednesday, as concerns about India's economic outlook failed to be allayed by stronger-than-expected factory output data.
The 30-share benchmark index ended 31.88 points lower at 19,355.26 with 21 of its components closing in the red.
The broader 50-share National Stock Exchange (NSE) Nifty index ended 0.18 percent or 10.80 points lower at 5,888.00 on Wednesday.
Investors were cautious a day after ratings agency Standard & Poor´s statement on India's outlook even as data showed industrial output rose 8.2 percent in October.
Meanwhile in the New Delhi bullion market, gold climbed by Rs 55 to Rs 31,680 per 10 grams while silver shot up by Rs 300 to Rs 62,000 per kg.